Kinecta Federal Credit Union Transitions Wealth Management Program to Ameriprise Financial

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Ameriprise Financial has announced that Kinecta Federal Credit Union, a member-owned financial institution, will be transferring the support of Kinecta Wealth Management from LPL Financial to Ameriprise Financial Institutions Group (AFIG). Kinecta Wealth Management, which comprises around 20 financial advisors managing over $2 billion in assets across California and New York, is set to complete the conversion to Ameriprise by the end of 2024.

Donna McNeely, President of Kinecta Financial Management Company, expressed enthusiasm about the partnership with Ameriprise Financial, highlighting the enhanced service level and advanced digital tools that will empower clients to pursue their financial goals with confidence. She emphasized the anticipation of leveraging Ameriprise’s expertise and resources to provide top-notch support to advisors and clients alike.

Through Ameriprise Financial, Kinecta clients will gain access to a comprehensive range of services and solutions tailored to their individual needs, including personalized advice, robust investment products, and digital capabilities enabling flexible interactions with financial advisors.

Jay McAnelly, Group Vice President at Ameriprise Financial Institutions Group, acknowledged Kinecta’s strong community presence and reputation, noting that their decision to transition to Ameriprise reflects the appeal of Ameriprise’s value proposition, service breadth, and commitment to delivering an exceptional client experience.